Tag: Economy
Leyte to build P1.6B international seaport
TACLOBAN CITY – The Leyte provincial government will start constructing an international seaport in Babatngon town in 2025 to improve the local economy.
The seaport,...
Foreign workers have boosted euro zone economy, ECB’s Lagarde says
JACKSON HOLE, Wyoming — An influx of foreign workers has given the euro zone’s economy a boost in recent years, helping offset shorter working...
Bank of England’s Bailey says UK has ‘acute challenge’ over weak growth
JACKSON HOLE, Wyoming — Britain faces an “acute challenge” over its weak underlying economic growth and reduced labour force participation since the COVID-19 pandemic,...
BSP to cut rates by 25 bps on Aug 28 – analysts
The Bangko Sentral ng Pilipinas (BSP) is expected to reduce its key overnight rate by 25 basis points (bps) this week, bringing the policy...
PH keeps ‘A-‘ credit rating with stable outlook — Japan’s R&I
The Philippines kept its investment grade credit rating at "A-" with a stable outlook as the economy has sustained its firm growth trajectory, Japan-based debt...
